Third Edition 2013
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TopIn this Issue

 

 

Employers and the Work Comp Industry

 

DOL Notice and Compliance Deadline

 

Private Exchange Partnership

 

Workplace Wellness Programs

 

Recess for Employees

 

What Triggers a Form 5500 Audit

 

Upcoming Webinar - July 11

 

Flood Preparedness

 

Tornado Preparedness

 

BizIns.Business Insurance
 

EmployersEmployers and the Work Comp Industry
WC Employers and the workers' compensation industry may now have a communication gap. Read the attached from ZyWave blogger Kory Wells for more details.  (read more)

EBDEmployee Benefits
 

DOLDOL Notice and Compliance Deadline

On May 8, 2013, the DOL issued guidance on the requirement for most employers (those subject to FLSA) to provide written notice to employees about health insurance Exchanges. This guidance clarifies which employers are subject to the notice rule, which employees must be given the notice and how and when the notice must be provided. The notices will have to be provided to current employees by October 1, 2013, and to new employees beginning on October 1, 2013. The DOL provided model notices for employers to use in meeting the notice requirement. (read more)

 

PrivatePrivate Exchange Partnership

LMC Insurance & Risk Management, a nationally recognized full-service insurance brokerage firm, announced today that they have selected bswift, a leader in software and services for employee benefits administration, to provide the exchange technology platform for its private health care exchange that will begin enrolling employers nationwide this fall. (read more)


WellnessWellness
 

Workplace1Workplace Wellness Programs  
On May 29, 2013, the Departments of Labor, Health and Human Services and the Treasury (Departments) released final regulations that generally implement ACA's nondiscrimination requirements for wellness programs. The final regulations clarify and reorganize the rules outlined in previous proposed regulations and are intended to ensure that, regardless of the type of wellness program, every individual participating in the program should be able to receive the full amount of any reward or incentive, regardless of any health factor.  (read more)
 

RecessRecess for Employees  
HealthPlus of Michigan brings back recess for employees to promote health in the workplace. (read more)

RMSFinancial Services

 

whatWhat Triggers a Form 5500 Audit  
Since the introduction of electronic filing in 2009, the IRS and DOL have been more aggressive in using the Form 5500 and schedules to identify plans for audits and investigations. Read full article from NAPA Net. 

 

RMSWebinar


UpcomingEstablishing an Effective Claim Management Program
Join us for a webinar on July 11. This upcoming webinar is designed to educate your staff on the policies and procedures you should have in place to help manage and control those difficult workers' compensation
claims.  (read more)

 

RMSRisk Management


FloodFlood Preparedness
This spring the Midwest continues to be pounded by severe storms and heavy rains. Floods are one of the most common and widespread of all disasters and are growing in frequency and severity. In fact, businesses are more likely to flood than burn down. Here's a link to an excellent Flood Preparedness Checklist in case your business is in harm's way this spring or summer.  (read more)

TornadoTornado Preparedness
The tragic loss of life and incredible property damage in the recent Oklahoma tornadoes reminds us yet again of the pain and suffering these storms can leave behind. As businesses we have a responsibility to our employees to have emergency plans in place. This link provides a good checklist for tornado preparedness from Agility Recovery.  (read more)

 

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